Liberal musician Bono had some praise for capitalism recently at the World Economic Forum in Davos, Switzerland.
According to Fox News:
Outspoken social activist, and U2 frontman, Bono had some unusually kind words for capitalism while speaking to global business leaders at the World Economic Forum in Davos, Switzerland.
According to The Irish Times, the singer was speaking at a panel to fill a multitrillion-dollar financing gap to help the U.N. achieve its goal to end global poverty by 2030 and advocate for the fight against extreme poverty in Africa and Aids. While there, he discussed the benefits of capitalism but cautioned that it cannot be left to its own devices.
“Capitalism is not immoral – it’s amoral. It requires our instruction,” he told the crowd. “Capitalism has taken more people out of poverty than any other ‘ism.’ But it is a wild beast that, if not tamed, can chew up a lot of people along the way.”
Bono, who has an estimated net worth of about $700 million, is most known for his music work with U2, he’s made himself into a prominent activist over the years, even co-founding One, a global campaign and advocacy organization with more than 10 million members fighting to wipe out global cases of extreme poverty.
BONO recently praised the NRA as well. Saying he envied their organization structure but not their stance on issues.